What's the way out of Sri Lanka's economic crisis? | Counting the Cost

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Sri Lanka’s coffers have all but dried up and it cannot afford to pay for imports.

Millions of its people are bearing the brunt of the country’s economic crisis. Basic goods are in short supply, power cuts are frequent, prices are soaring and the value of incomes is eroding.

Many people are blaming the president for the worst economic crisis in more than 70 years and they have taken to the streets to demand he step down.

Elsewhere, China’s GDP growth for the first quarter beats forecasts, but will it achieve the 5.5 percent growth target for 2022?

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About the Author: Al Jazeera English

21 Comments

  1. Why public toilets in places like railway stations, bus stations, schools or hospitals are in a state of disgrace, filthy dirty as if there is absolutely no regard for the next person who might use the facility. This is the mindset of Sri Lankan culture historically and genetically, a total lack of regard for others, and now you know why our leaders thru history showed no regard for anyone, its in our genes, a profound change in education is required to change the mindset first and then the system later.

  2. Those barricades could hurt people. Is there’s a law against using such sharp objects that could kill people? I hope the international law will intervene to stop these atrocities.

  3. They spent millions of dollars on war instead of solving the problems. That's the main reason but nobody wants to tell about. This is getting back time whatever they offered to minorities. When these brutal rulers were killing Tamils, they banned food, medicines and all essential supplies. Lot of injured people died without medicines. The people who voted for these Heros , now on streets to throw them out.

  4. Sri Lanka really needs to stop with the over dependence of imports. Its wayyy too costly. its why Sri Lanka is always in a deficit. Come on , you guys can grow your own food? green houses? build some farms? I can understand that some things cannot be made in your own country but you have got to try!

  5. Are you guys in Sri Lanka not able see that China wants to trap 🪤 you guys into more debts and turn Sri Lanka 🇱🇰 into a nuclear ☢️ mayhem for India 🇮🇳 and when that takes place India will nuke the whole island 🏝. May God bless you guys if you are still ignorant

  6. LOL LOL LOL so funny how al jazeera uses pictures of India while speaking of Sri Lanka. Not enough stock video? sheesh…. whatta mistake to makah

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